Book a call with our team: https://go.oncehub.com/morrisinvest
This episode of Investing in Real Estate is sponsored by Vistaprint! Your next big opportunity is coming right now… and we’re here to help you “Own the Now” with free shipping on any business card, in any quantity. Choose whatever style, finish, shape or paper you like and get free shipping.Just go to Vistaprint.com and enter promo code INVESTING for free shipping on all business cards, any style, any quantity. Limited time offer.
This episode is sponsored by LegalZoom! Taxes. That’s one thing we all have to deal with this time of year. And as a business owner, it’s critical to know all your options. That’s why you should lean on LegalZoom. With LegalZoom, you don’t have to worry about doing all the legwork yourself to find the right answers. Get your business on the right track for 2020 by visiting legalzoom.com today and enter promo code INVESTING for special savings.
On today’s show, Rod Khleif is back on the show to talk about how you can recession-proof your investments. Rod is sharing how he lost $50 million in 2008, plus tips to smartly invest during this current 2020 recession.
In this interview, you’re going to learn how to keep your head about you while still building your portfolio, even if it feels like a world on fire. Don’t miss episode 601 of Investing in Real Estate!
About This Episode
It was a good time to talk to Rod. When this interview took place, the US stock market was plummeting to a point that they closed down the trading floor to stop the bleeding. It was the worst one day drop in stock market history. The coronavirus was sweeping the globe and everything was closing down from borders to schools.
But Rod Khleif has been through big downturns. In 2008 he lost $50 million because he was over-leveraged and invested in areas that had no diversity in job markets. He learned his lesson the hard way and now he invests in what he calls “employment sector diversity” areas where the towns’ economies are not dependent on just high-tech jobs, or retail jobs, or university towns. He looks for towns that can sustain themselves through balance of workforce.
Subscribe to Investing in Real Estate on Apple Podcasts
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook
Connect with Rod Khleif
Ready To Build Passive Income Through Rental Real Estate?
Ready to talk about your goals? We're here to show you the tools and teach you the process to begin earning legacy wealth for you and your family.